Mozambique’s LIDE business leaders organisation officially launched

10 August 2012

The Mozambican minister for Industry and Trade, Armando Inroga said Wednesday in Maputo, at the session to launch the Business Leaders Group (LIDE) that he hoped the organisation would be able to improve the business climate and secure investments for Mozambique.

“Through good practices that have been developed in other countries, I hope that LIDE will be able to secure greater transparency in business that allows national businesspeople to compete on equal terms with their international counterparts,” the minister said.

Mozambique is the second African nation, after Angola, to receive the LIDE group, an organisation whose mission is to promote integration between companies, organisations, and private bodies, through debates, business forums and initiatives to support social responsibility.

“Our aim is to bring companies, businessmen and women, together to encourage and promote national and international business relations,” said the president of LIDE International, Luiz Furlan, Brazil’s former Foreign Minister, adding that LIDE Moçambique was a successor to LIDE Brazil, driven by economic growth and by the good cooperation relationship between the two countries.

Furlan said that this year the group was scheduled to lunch LIDE USA, in Miami, Mexico, Uruguay, Spain, Germany, South Korea, Japan and South Africa.

The presidency of the LIDE Mozambique management commission was handed to Mário Machungo, the chief executive of Banco Internacional de Moçambique. (macauhub)